Anthropic Picks Lead Banks for High-Profile IPO

Anthropic is on the verge of selecting Morgan Stanley and Goldman Sachs to lead roles in its initial public offering (IPO), with the artificial intelligence company expected to file its IPO paperwork as soon as next week.

Morgan Stanley is reportedly in position to secure the lead left role, which involves serving as the strategic adviser on the deal. The bank has led recent discussions with potential investors about the company's share price for the offering.

The selection of Morgan Stanley for the lead left role has not been finalized and could still change. JPMorgan, Citigroup, and Barclays are also among the banks expected to get key roles.